About your Search

20130318
20130326
Search Results 0 to 45 of about 46 (some duplicates have been removed)
can crush rock and roll. legendar kiss rockers gene simmons and paul stanley kick off a big expan shun of their restaurants. they're here in first on fox interview to tell us why now is the time to bet on the consumer. even when they say it's not it is always about money melissa: first let's turn to today's market moment. fears over cyprus's bailout led to a choppy day of trading on wall street. the dow managed to eke out a slight gain wi the nasdaq and s&p 500 posting minor laws. the s&p fell for thehird straight seson. that is the worst losing streak of the year. microsoft could be in some hot water with the justice department. microsoft and some of its business partners are being investigated over a foreign bribery claims. government officials in china, italy and romania were allegedly bribed to earn software contracts but shares of microsoft still managed to close the day up slightly. >>> all right we start tonight in cyprus. th parliament rejected the tax on bank deposits, potentially killing the bailout but russia is floating another option, gazprom, which is russia's state-owned
is specific and to the point. one of ben bernanke's biggest critics, former congressman ron paul! he will be here tomorrow. telling us why it is the fed's actions and not budget battles that really matter to your money. lauren: "money" with melissa francis. that's next. melissa: i'm melissa francis and here's what's money tonight. cyprus's parliament shoots down the e.u. bailout so the real across for global markets may be just beginning t could be music to russia's ears? a former top imf official joins to us explain. >>> plus, t. boone pickens said natural gas would revolutionize transportation. every called him a madman but now he is having the last laugh. we'll get his prediction where natural gas prices are headed next. >>> not even a down economy can crush rock and roll. legendary kiss rockers gene simmons and paul stanley kick off a big expan shun of their restaurants. they're here in first on fox interview to tell us why now is the time to bet on the consumer. even when they say it's not it is always about money melissa: first let's turn to today's market moment. fears over cy
. lauren: hi. david: we have wayne angell. we have ron paul. of course his encounters with ben bernanke were legendary, historic. we'll talk to them coming up very shortly. lauren: it will be hard to get answers today because the fed is stuck in this really tough positions. we have to it figure out how to jump-start the economy, not just the stock market. let's go to nicole petallides at new york stock exchange. david: let's start, nicole. we start with fedex it was an extraordinary run-up. it was in the $100 range. it pulls back quite a bit. this is the biggest pullback since 2011? >> certainly is, the biggest pull back since 2011. concerns globally and also going to cut down what they're shipping over it asia. lauren: how is oracle looking ahead of their earnings release, nicole? >> we're watching oracle closely in the tax realm. we'll see whether or not they have earnings. [closing bell rings] david: best buy up another 5%. that stock can not be denied. as you her the bells are ringing on wall street. looks like the indexes are going to keep essentially where they were before and aft
republicans. when you have speaker boehner, and paul ryan, saying, there is not an immediate debt crisis. what do you make of that? >> well, you know, i don't know, i think there is. i think it is a -- >> what is in it f them to say there isn't? >> you know, i can't get into their brain, i do not know what that is about. i do know $16.7 trillion debt, growing at the rate of the deficit every year, is a big problem. >> so they see, they say -- i want to stress it is a big problem, but not an immediate crisis, di does that take the urgency off of addressing it? >> no, it does not, what business, what investment and capital is looking for is they are looking for tre deccability -- predictabilitiy and stannability, which they see the movement going on in the debt itself, that offers neither. >> when you and the governors met with the president, a weeks ago, and you talk, i think you were knee deep in the whole sequestration debate. and president's warning that disaster is coming. >> that was the story. neil: and i thought to myself, governor, i mean, holy cow. however onurus the cuts would be, the
of stricter gun control. all of this despite setbacks in the senate. joining us now, eric pratt, paul, former president of the brady campaign, professor at indiana university. thank you, both, for being here. i want to start out with wayne la pierre saying the nra supports a bill to get records of those adjudicated mentally, inexcellent, and dangerous into the system and enforcement of stronger laws, and punishments for gun trafficking. that is, i think, a fairly impressive list of things that the nra supports. paul, can you and the brady campaign then join hands with the nra on those issues? >> i was happy to work with the nra members to make sure we passed a bill to get more records into the background checks system, but with all of those things, unless we require background checks on sales, we're not going far enough. yes, they talk about things that make sense, yes, they talked about things in the past, and wayne supported universal background checks back in 1999, changed the mind apparently now, but we have to do checks on nearly every sale to keep people that have felony records and dan
resisting spending cuts. if you really want to know why paul ryan's budget will not advance much further than the house it was passed today, allow me to read the opening sentiments from the associated press were today. a familiar budget plan, the nuts and bolts programs of the government. it is cruising for passage in the tea party flavored house. wow, that is supposed to be a news piece. the law undreamt line of what was supposed to be a tax piece. it restores many of the cruel automatic spending cuts. all is missing is a line like thank god for the democrats. then it was also considered a cheese head. it starts out fair and factual enough. under the rhine plan, the government subsidizes it. the only famous unnamed critics who say all of this would mean ever shocking. he is heartless and soulless and probably the double in pinstripes. it is one thing when they say it was all but a sham. it is another thing for them to prove that it is an even bigger sham. they are darn near inbred watching politicians who continue to say that we don't have a spending problem. and one that is only trying
now is paul, president of heritage capital, and, paul, great to have you on the program. i know you heard phil's report on how the commodities markets react, and, yesterday, it seemed like investors were nervous, then calm, and, perhaps today they are nervous because maybe it's not just an isolated incident. maybe there will be a ripple effect more than anticipated. is it time? can you put it in the rearview mirror? >> we heard from the -- the last couple years, whatever it takes, they save the euro. whatever it takes. they are not going to have to load a revolver to save cypress, if they even want to. i think cypress is a one often. there's a lot of air in the markets. up roughly 10% on the year in equity, so, of course, any possible reason to pull some profits off the table, people are going to do that. >> right, right, and i think you hit the nail on the head. any little reason at all. we had a run on the dow, and now three days of losses. could this just be like an excuse to run for the exits? where do you think we are in the equity market cycle? >> well, i don't think anyone's
on to the street. i have counted six times you have said you did not want to go rob peter to pay paul. i don't want peter or paul to rob one of our fellow citizens because you guessed wrong on who to release. so of -- what is a level one violator? and level one offender -- >> first i disagree with your characterization about these being -- >> that's fine. you can use your time to disagree with my characterization. don't use mine. what's a little one violator. >> with regard to level one offenders they are aggravated felons. >> how many were released? >> there are four presently. >> how many were released? >> eight or released. we have for presently. lou: the congressman also noted the cost of holding this detainee's. $122 per day. he pressed mr. morton on why ice executives did not use other agency money rather than release those dangerous felons just to make a political point. america's military. they have served and sacrificed for us and our government is letting them. you will find the numbers shocking incidents "chalk talk". the obama economy slowly growing as markets pushed higher. former fede
this goes, hurt the poor, slam the seniors. democrats today theying that paul ryan's budget will do everything but bring a swarm of locust. anyway, bear in mind, it doesn't cut spending. it is just cutting the growth in spending, mercedes, we have david, on blame getting worse. mercedes. you know, this is always a political game, both sides trying to play to their advantage, but this makes getting this budget, some control, next to impossible? >> it does, you know, i want to add, salon.com had on web site ryan's plans kills thousands, they are taking to a step further, this is going to be difficult. that is why have you senator murray's plan way on the other side, there has to come a point where they bridge the differences, but i don't know if that is possible. if we don't sort of take care of the big elephant in the room, i don't see how we'll cut the spend, slow federal government growth, and really start hoping to have greater investment in our country as well as higher employment. neil: i think that means, that incumbent on democrats and republicans to go after their sacred cows
tax brackets. you are calling for two. paul ryan and his budget calling for two. washington seems to not be able to make this happen. what's going to change? >> well, the house of representatives just passed the ryan budget. as you say, the tax reforms takes us to to rates. core rate, 25%. the balance without raising taxes. every pound and it tells you, the only way to balance the budget, the only way to reform government is to have tax increases in the makes. this is actually squared by cbo and joint tax to be a sound budget. it passed the house of representatives. we are getting today is of the senate will vote on a budget. they have not done that and over 1400 days, for use at is the beginning of the senate getting their act together the democratic senate has not been doing its job for more than four years now. cheryl: all right. let me like a couple of things with you. in particular, i think this is important and we have graphics to back this up. if you look at the tax structure and the population that are paying taxes and those that are not, the bottom 20 percent don't pay an
: to you have any names in mind of leaders who might paul was in the right direction and appeal to everybody? >> and the good news on this is i see a big change of tone in washington, especially since the last election. when i listen to leaders, they're talking about what matters most. talking about the fact that the free enterprise system is not a system to make you until warrior to help hedge fund managers and private equity companies but to help the powers to the powerless, to give a fair break. that is the kind of language they're using. we don't necessarily need a new visionary. will we need is people with real experience talking about it in a way it is aspirational and truth. stuart: well said. a pleasure having you with us. come again please i want to bring money into this because you know what's going, the obamacare. the think it is just pure wishful thinking on my part that all system is unraveling? >> i hope you're right. the problem is, when obama talked about the fundamental transformation of the nation this is what he meant. he went after the four main pillars of th
to pay paul. >> yeah. neil: you think you were snickered? >> a direct money transfer from people in one income bracket to people in another income bracket. neil: so here you were trying to be pragmatic of this, this guy might be a different type of democrat, unlike his dad, what? >> well, the other strange thing is that raising the minimum wage to $9 over a couple year period -- neil:ments to be high -- wants to be higher than that, go ahead. >> well, in new york -- neil: right. >> and giving rebates to businesses for hiring people under 20 years of age. i'd hate to be a 21-year-old high school dropout or somebody who just finished high school because you're make me unemployeeble relative to a person a year younger. neil: you keep going through the training. beyond that, they bring in more people to train at a lower wage. >> i think that's the danger of that because it's just an artificial boundary. neil: you know, wilbur, they must have crunched number on this, they were getting numbers on this millionaire tax, and contrary to the revenue declining, we get revenue in like the obama fol
to the president's desk for his signature. the house also approved as you mentioned on party-line vote paul ryan's republican budget which cuts 4.6 trillion dollars over the next decade to balance the budget in part by repealing obamacare but it is dead on arrival in the democratically controlled senate. >> i would not call the house republican bill balanced. their balance says that the wealthiest americans, the biggest orporations, don't contribute to this problem at all. everything is done on the backs of our middle class families. so, mr. , president, yes, balance is an important word. it is an important word to every family, every community, every american. >> but, that did not stop paul ryan. >> the stanford economists that looked at this budget last week said, 500,000 jobs right away. $1500 more in take-home pay for families in the first year. 1.7 million jobs and 4 thou better take-home pay on average for families in the 10th year. this family will protect and strengthen medicare. it begins, yes, by repealing obamacare. >> right now the state of play is that the senate is still in sessio
in the republican party seem to be conservatives. they have marco rubio, the ran d paul. republicans want women to hear their motives. women to hear their motives. i have to say, what are you going to say, you want their vote and you want them to understand how you you're goingo create a better community. i think you need to put together that idea that maybe the republican party will be run less by the business roundtable and the chamber of commerce and more by middle-class americans who want a better future for our families and for our nation. just a thought. >> the president's choice to lead the labor department is controversial and radical. our "a-team" will tell us if thomas perez can get the force back to work. eight hands, $43 million, the story of a storybook casino heist that looks a lot like a movie, but it is oh, so real. everybody who stayed silent on the rape of a 16-year-old girl faces the prospect of charges. and the trial underway again, leaving defense attorney with us next. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a d
them illegal is deadly and dangerous. ron paul made a good point* which was if heroin was made legal you would go shoot up with heroin? a syringe and rubber band. john: some people would and those say many more people would use that is intuitive but there is no evidence in portugal and holidays -- holland there is no more evidence. we cannot result -- resolve this tonight. now, college students may be you should drop out. it is a rip-off. next. [applause] no. no! no. ...likes 50% more cash. but i don't give up easy... do you want 50% more cash? yes! yes?! ♪ [ male announcer ] the capitaone cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ what's in your wallet? why? d we've hit the why phase... ♪ [ male announcer ] every car we build must make adrenaline pump and pulses icken. ♪ to help you not just stay alive... but feel alive. the c-class is no exception. it's a mercedes-benz, through and through. see your authorized mercedes-benz aler for exceptional offers through merced
it in five years. rand paul's budget. very quickly, the names of those departments. education and energy, about 73,000 federal employees. >> i think that his budget is reckless and irresponsible. it has no chance of passage. >> i think it is a very good plan. >> i would like to add six federal agencies. >> we have commerce -- books -- energy, hard. [laughter] >> he is just doing a rick perry impression for us to bring back a moment of nostalgia. the a-team is going to be right back with us. more with the a-team leader later in the broadcast. up next, governor cuomo running a helping hand to hollywood. the governor is learning why you don't mess with gun control. not even in new york state. that is coming up next. and liberal activists preventing drivers license from being issued. we are on the case ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds be
is deadly and dangerous. ron paul made a good point* which was if heroin was made legal you would go shoot up with heroin? a syringe and rubber band. john: some people would and those say many more people would use that is intuitive but there is no evidence in portugal and holidays -- holland there is no more evidence. we cannot result -- resolve this tonight. now, college students may be you should drop out. it is a rip-off. next. ♪ [ male announcer ] from the way the bristles move to the way they clean, once you try an oral-b deep sweep power brush, you'll never go back to a regular manual brush. its three cleaning zones with dynamic power bristles reach between teeth with more brush movements to remove up to 100% more plaque than a regular manual brush. and even 76% more plaque than sonicare flexcare in hard to reach areas. oral-b deep sweep 5000 power brush. life opens up when you do. ♪ john: finally tonight, you could call me a hypocrite because tonight i trash college, called it an expensive waste from many of you students. yeah, i have a good job in baghdad it because i went to
the balanced budget. he does it in five years. rand paul's budget. very quickly, the names of those departments. education and energy, about 73,000 federal employees. >> i think that his budget is reckless and irresponsible. it has no chance of passage. >> i think it is a very good plan. >> i would like to add six federal agencies. >> we have commerce -- books -- energy, hard. [laughter] >> he is just doing a rick perry impression for us to bring back a moment of nostalgia. the a-team is going to be right back with us. more with the a-team leader later in the broadcast. up next, governor cuomo running a helping hand to hollywood. the governor is learning why you don't mess with gun control. not even in new york state. that is coming up next. and liberal activists preventing thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences belo.. to the finest com
paul made a good point* which was if heroin was made legal you would go shoot up with heroin? a syringe and rubber band. john: some people would and those say many more people would use that is intuitive but there is no evidence in portugal and holidays -- holland there is no more evidence. we cannot result -- resolve this tonight. now, college students may be you should drop out. it is a rip-off. next. cook it safe! challenge. in this round, teams must read and follow package cooking instructions and know your microwave wattage. 1,100 watts. you can find the wattage in the owner's manual, on the appliance label, or by contacting the manufacturer. each team has been given a frozen entree to safely prepare. oh, wait, what is the wattage of the microwave? whatever! ooh, sorry, team 2, you get a red card for not checking the cooking instructions and not knowing the wattage. wattage? it won't just cook? microwaves have different wattages. i told you we should have checked the package instructions and checked the wattage of the microwave! it's not cooked safely! i wouldn't eat this. it's col
the regulatory debate later. but having them illegal is deadly and dangerous. ron paul made a good point* which was if heroin was made legal you would go shoot up with heroin? a syringe and rubber band. john: some people would and those say many more people would use that is intuitive but there is no evidence in portugal and holidays -- holland there is no more evidence. we cannot result -- resolve this tonight. now, college students may be you should drop out. it is a rip-off. next. [applause] my mother made the best toffee in the world. it's delicious so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoo never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzm.com today and make your business dream a reality. at legalzoom.com we put the law on your side. and make your business dream a reality. ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all
paul's budget. very quickly, the names of those departments. education and energy, about 73,000 federal employees. >> i think that his budget is reckless and irresponsible. it has no chance of passage. >> i think it is a very good plan. >> i would like to add six federal agencies. >> we have commerce -- books -- energy, hard. [laughter] >> he is just doing a rick perry impression for us to bring back a moment of nostalgia. the a-team is going to be right back with us. more with the a-team leader later in the broadcast. up next, governor cuomo running a helping hand to hollywood. the governor is learning why you don't mess wh gun control. not even in new york state. that is coming up next. that is coming up next. and liberal activists preventing all stations come over to mission a for a final go. this is for real this time. st seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪ [
the president should be more worried about it than he is. republican paul ryan just introduced his budget which tries to balance the budget, this gathered a lot of support within republican ranks. the idea within 10 years you would balance the budget, that sort of feeding off the popular sense something has to be done here. stuart: do you think we will have a debt crisis? rapidly rising interest rates, falling value of the dollar, do you think we get that into relatively near future, a crisis? >> if it stays at 2% or little bit below that the next couple of years, i think you have to start worrying about a debt crisis because anything that can get us underneath this debt is strong economic growth and it just isn't happening. stuart: always a pleasure, thank you very much, sir. our next guest calls itself the martha stuart of medical marijuana. all legal. i want to know how she is making money on this. she will join me next. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-seco stats. [ indistinct shouting ] ♪ it's so close to the options fl
to the downside. connell: going to breaking news out of washington with the house approving congressman paul ryan budget. cheryl: peter barnes is live from capitol hill with more. peter: the members of the house are now popping out of town like a pack of easter bunnies. they have approved paul ryan's budget that would balance over the next ten years. let's start with the continuing resolution to keep the government open for the rest of the year. it does not stop the sequester, but does give the pentagon the way to implement them. this would repeal obamacare to save about $1.5 trillion. it would budget additional spending cuts totaling about 5 trillion over ten years. this is just a blueprint. it is dead on arrival over in the senate. now, the president will be releasing his budget sometime next month. two months late one republic leader noted in this air of arch madness. >> we still have no budget from the president in violation of the law. he gets his ncaa bracket in on time, but still no budget. this is the fourth time. >> it is founded on the failed idea that giving another round of tax cuts w
the supreme court to rule on constitutionality. there was a case last year in st. paul, minnesota, a case pending before the supreme court, would have given the court a chance to take a shot at the desperate impact and whether or not it's constitutional, and there's some evidence that justice got involved and persuaded the city to withdrawal the case. i think chuck grassley wants to ask about that, and i hope the senate delves in. dagen: could be an exciting confirmation process for a labor secretary. >> deservedly so. dagen: than seen in the past. what else should they ask about perez's background? >> well, it's -- i think he's emblematic of and administration thatments to use the rule of law selectively to help some people instead of others and use statistics selectively. for example, the same statistics that show blacks receive loans at lower rates than whites, show whites receive them lower than asians. no one accuses banks of antiwhite or show black banks deny blacks home loans at higher rates, and so you can't -- if you want to use statistics, you can't use them selectively, and the
back paul has threatened to leave the state of colorado over the passage of these bills. if they become law. republican congressman of indiana wrote a letter today. in that letter encouraging them to move to his home state. again, this breaking news. the colorado state legislature has passed another gun-control bill requiring universal background checks on all gun buyers and the governor, as i said, expected to sign it into law. alcohol, tobacco, gambling, pornography, no doubt that sex and san still sell big into next loudobbs@foxbusiness.com. we take a look at the numbers. president obama wants big oil to fund its own demise. we will have the latest on the president's $2 billion bright idea in green energy alec, for this mission i upgraded your smart phone. ♪ right. but the most important feature of all i.. the capital one purchase eraser. i can redeem the double miles i earned with my venture card to erase recent travel purchases. d with a few clicks, this mission never happened. uh, what's this button do? [ electricity zaps ] ♪ you requested backup? yes. yes i did. what's in you
should be kicking down more doors. >> paul was a white house drug czar. >> they are not kicking the door koor if somebody is smoking marijuana but they are kicking the door for a violent person. >> sometimes they terrorize people? >> because the accident happened should not be a reason to do away with the program. >> it didn't stop drug use but it created violence. >> tens of thousands of people are dying. >> john: because they get high on drugs about but because something is illegal it's sold on the black market. drug dealers can't call the cops if someone tries to steal their supply so they arm theirselves to the teeth. >> people get hurt. >> john: especially kids. drug gangs look for new recruits >> they recruit better than fortune 500 companies. >> he demonstrate how they recruit kids. >> look what i got? wouldn't you like a pair of these. come back and show megain. >> they come back and you are looking good, man. wouldn't you be able to buy a pair of them every week. this is what you could be. >> john: few days later the dealer sees the kid again. >> you owe me when you offered me s
to suffer financially as well. we should point out, gun parts company back paul has threatened to leave the state of colorado over the passage of these bills. if they become law. republican congressman of indiana wrote a letter today. in that letter encouraging them to move to his home state. again, this breaking news. the colorado state legislature has passed another gun-control bill requiring universal background checks on all gun buyers and the governor, as i said, expected to sign it into law. alcohol, tobacco, gambling, pornography, no doubt that sex and san still sell big into next loudobbs@foxbusiness.com. we take a look at the numbers. president obama wants big oil to fund its own demise. we will have the latest on the president's $2 billion bright idea in green energy@@ @ @ @ ♪ lou: president obama making a left turn on energy, playing back to his environmental base of delaying decisions on the keystone xl pipeline. the american petroleum institute joins us with industry reaction in just a moment. consumer confidence slipping unexpectedly in march. the dow record-setting run
to be somewhat bigger. so i don't really know the answer to that question. my predecessor paul volcker explained the only contribution financial industry is the automatic teller machine. i don't know the answer. a much bigger sector can be defined by the wider range of services globalized financial economic system that we have put the exact number i cannot really say. >> i have a follow-up question. do you think it was appropriate or fair to impose the bank deposits in cyprus, even those insured by the european union? thank you. >> have not been involved in those conversations i don't necessarily know the details. they are grappling with a very difficult problem. i think the issue they face is that there is a pretty big hole, financial hole, in a sense there is a fiscal issue and there is a bank restructuring capitalization issue. they are looking for resources where they can find them. i think everybody understands there are certain risks with that besides the equity issue of lower income people. there is the issue of setting a precedence that might reduce confidence in banks in subsequent time
, looking at. is where there meeting common ground, willo willingness to part of paul ryan to cap defense spending. and to at least put some caps overall on entitlement spending down the road, not the kind of caps either side would like, but at least speaking kind of the same language, i am talking about maybe greek versus italian versus english versus martian. >> there are a few things, the discreet elements will not be enough to drive a larger coming together to forge a total budget deal because, as you outline, the extremes are so far apart it could make that impossible. but you are right there is room to talk about a few discreet fiscal issues, there has to be some other mechanism. it is not through budget process, because, both budgets from house and senate are far too toxic for either republican or democratic basis. neil: you know, scott, i was trying to negotiate a settlement other day with top republican and democratic leaders, you a pay-per-view event. i said, if you could hold hands and jump off the cliff hold hands particular, republicans s together. republicans have to the not
. congressman paul ryan's budget proposal of the only one of the bills is expected to make it to the president's desk. peter barnes is with us with the late e. at least they did something, peter? >> now they have hopped out of the town for the easter recess. the house, passing that continuing budget resolution to keep the government funded through the end of the fiscal year in september, avoiding a government shutdown. that one headed to the president's desk for signature. the house also approved on party-line vote paul ryan's republican budget that cuts $4.6 trillion in part by repealing obamacare. republicans calling out the president today for delaying his budget until next month. it's budget march mad mess in washington. >> we still have no budget from the president in violation of the law of the he gets his ncaa bracket in on time but still no budget. this is the fourth time in five years of the he set a new record this year. two months with no plan. >> but the ryan budget is dead on arrival in the senate. >> it's not the right mix. yes, we need to balance our budget but we also need a bu
an immediate debt crisis and john boehner and paul ryan, they agree with it. debt crisis? and what do you think. and joining us here in new york, welcome back to the program. >> thank you very much. stuart: do you think we have an immediate debt crisis on our hands? >> i think we have an immediate need to act. we can see a debt crisis coming in the future and acting now will make it responsible. stuart: what do we need to do. >> reduce the debt over the long-term and recognize what the spending is that's driving that. mandatory spending on entitlement programs that are causing our debt. and as chairman ryan said, it's the most predictible crisis. american action forum strongly supports the ryan plan. >> we ran the numbers on the budget consistent with the principles in the house proposal and we saw that you get stronger growth, more jobs now, it's the responsible thing to do for the economy and sustains the viability of the safety net program. stuart: that's the exact opposite of what the president and the much of the left is saying. they're saying, you cut spending now and it's a real drag on
to paul states in the u.s.? former nfl quarterback drew bledsoe will be here. he is calling and interference. that is coming up. tracy: the dow is down about 109 points. take a look at your currencies. we will be right back. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your fe upside down. >> hi. >> hi. u know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announc: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacd. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> announcer: credit monitoring is not enough, because it tells you after
to a trillion dollars in new deficit for this year. you know, you look at paul ryan's budget, for example, ten years down the road, 41 1/2 trillion dollars in spending and that was supposed to be a victory, because the democrat's version was 46 1/2 trillion dollars, we're still outspending our means. still a broken system. d.c. really has to figure out how to get a balance, a balanced budget would be a win. stuart: in the short-term if i'm a trader, trading stocks, for example, i think this is a win for republicans and i think this is a win for me as an investor. stocks go uu. you say? >> well, i think you're conflating. and 20 years trading and what i told you last time and the last time and last time, i think that things are getting better in spite of president obama because if we continue to juice the system the way we are, we're adding 85 billion dolllrs to the treasury, ingratiating the banking system. i'll tell you this, ready for this? you have investors out there to watch the show and pick out stocks to buy, just buy u.s. banks. buy u.s. banks. we are giving them so much money. we're g
is trying to do that now, connell. reaching out to the public senators and paul ryan. we made a deal on the but with newt gingrich. the same thing needs to be done now. dagen: something really struck me. i do not mean to harp on it. the average american wakes up in the morning, you tell me how he feels or she feels that deficit with the daily impact. you kind of hurt that a little bit and what the president living in that abc news interview as well. is that a new track for the democrats. >> first, they went too far with the fears of armageddon. the democrats overplayed their hand. on the other hand, it is the case that the ordinary american is in having a better life in their parents. they are worried about reform plans. they are uncertain and they are nervous. dagen: $17 trillion debt, the average american is not having the impact on the lives. >> i am disagreeing. the democrats overplayed their hand with fear. we have tepid economic growth. we are not seeing the revitalization of the economy on main street. connell: regular people -- >> so-called great rotation into stocks from bon
, 2013, to bring undo that bracket. seven brackets we have going on right now. paul ryan wants two. don't think he will get that i asked him about that, what are the deductions, how is this working? here's what he had to say. >> one of the other complexities introduced on that fiscal cliff tax bill was the introduction of what we call the ps provision, which limits your overall deductions, state and local tax deductions and other deductions will be limited. so now you have to go back to your accountant and figure out, well, if i, if i do this deduction, will it be limited in some fashion? >> hence the idea, again uping charitable donations for this year, or, other issues. i mean you've got to remember you have the obamacare tax, the medicare tax. that is kicking in this year. that is affecting tax-filers this year and next. and amt. think about what amt does to people in high net worth states, new york, new jersey, connecticut, california, illinois. these are states where you have higher incomes, hence more of those middle class, middle class, firefighter in staten island with the famil
Search Results 0 to 45 of about 46 (some duplicates have been removed)

Terms of Use (10 Mar 2001)